Genesis, a Crypto Lending Firm, Files for Bankruptcy

The cryptocurrency lender Genesis Global Holdco filed for bankruptcy late on Thursday, the latest crypto company to do so after the collapse of FTX, the exchange founded by Sam Bankman-Fried.…

In Hunt for FTX Assets, Lawyers Locate Billions in Cash and Crypto

Two months after FTX filed for bankruptcy, lawyers for the once high-flying cryptocurrency exchange have begun to identify and put a value on its assets, as they determine how much…

SEC Charges Crypto Companies With Offering Unregistered Securities

The Securities and Exchange Commission on Thursday charged the cryptocurrency lender Genesis Global Capital and the cryptocurrency exchange Gemini Trust with offering unregistered securities through a program that promised investors…

Two Executives in Sam Bankman-Fried’s Crypto Empire Plead Guilty to Fraud

Two former top executives of Sam Bankman-Fried’s crypto trading empire have pleaded guilty to federal criminal fraud charges and are cooperating in the case against the disgraced crypto entrepreneur, the…

Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed

The day before the embattled cryptocurrency exchange FTX filed for bankruptcy, Changpeng Zhao, the chief executive of the rival exchange Binance, sent an alarmed text to Sam Bankman-Fried, FTX’s founder.…

The Crypto Industry Struggles for a Way Forward After FTX Collapse

“For us, this is actually a great moment,” said Jeremy Allaire, the chief executive of the crypto payments company Circle. “We’re delivering real value, and the people who focused on…

The Crypto Crowd Holds a Glittery Awards Night, Despite Fiascoes

“They might not be dead,” he said. “But their dreams of striking it rich in crypto definitely are.” The screens at his back showed the football player Odell Beckham Jr.,…

Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions

Among the many surprising assets uncovered in the bankruptcy of the cryptocurrency exchange FTX is a relatively tiny one that could raise big concerns: a stake in one of the…

Inside Gary Gensler’s SEC Campaign to Rein In the Crypto Industry

In March, eight months before his cryptocurrency empire imploded, Sam Bankman-Fried joined a video call with Gary Gensler, a longtime financial regulator who now leads the Securities and Exchange Commission.…

Iranian hackers compromise US government network in crypto currency-generating scheme, officials say

CNN  —  Iranian government-sponsored hackers compromised the network of an unnamed US federal government agency starting in February, stealing passwords on the network and installing software to generate cryptocurrency, US…